Sanjay Asher, Senior Partner at Crawford Bayley & Co, states that there is a legal divide among international banks regarding their support for the Adani Group. Japanese and Middle Eastern banks seem supportive after thorough analysis, while some European banks like Barclays and Jefferies are cautious. Investors should view these developments from a medium to long-term perspective.
Vegetable oil import down 16 per cent in March to 9.98 lakh tonne: SEA
India’s vegetable oil imports witnessed a 16% decline in March, totaling 9.98 lakh tonnes, primarily due to a significant drop in crude sunflower oil shipments.